576-588 Olds Street Active Save Request In-Person Tour Request Virtual Tour
Jonesville Vllg,MI 49250
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $49
MLS Listing ID 66023012825
Originating Board Greater Kalamazoo Association of REALTORS®
Year Built 1995
Annual Tax Amount $15,539
Lot Size 2.370 Acres
Acres 2.37
Lot Dimensions Irregular
Property Description
VALUE-ADD OFFICE INVESTMENT OPPORTUNITY: Two buildings totaling 10,000 SF on 2.37-acre parcel in Jonesville, Michigan. Building 1 (576) is a 6,000 SF multi-tenanted office/retail building with 4 suites. Existing tenants include Leigh Raddatz, CPA and Willow Insurance Group. Building 2 (588) is a 4,000 SF single-tenanted office building occupied by the USDA since 1999. Property offers 2 access drives, 93+/- parking spaces and monument/pylon signage. Zoned HC, Highway Commercial District in the Village of Jonesville, this highly visible site is located southwest of downtown Jonesville at the entrance to Jonesville Industrial Park. A 13% in-place income cap rate and $50/SF makes this a great value-add property for an owner/investor.
Location
State MI
County Hillsdale
Area Jonesville
Zoning Other
Direction Northwest corner of Olds Street/M-99 and Industrial Parkway in Jonesville.
Interior
Heating Forced Air,Central Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Composition
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick,Frame,Stone,Wood
Schools
School District Jonesville
Others
Tax ID 210082000150863
Acceptable Financing Cash,Lease
Listing Terms Cash,Lease
Financing Cash,Lease
Special Listing Condition Unknown/Data Share Listings